HALO AirFinance (US) has announced the successful closing of a mezzanine loan transaction in collaboration with Sumitomo Mitsui Banking Corporation (Japan), secured by a Boeing 747-8F freighter. The deal supports a US-based air cargo operator and highlights continued interest in structured aircraft financing solutions for widebody freighter assets.
Ghana has initiated formal discussions with World Aviation Group (US) to evaluate the possibility of establishing a new national carrier, reviving efforts to restore a flag carrier presence in the West African nation. This latest move reflects the government’s ongoing ambition to enhance air connectivity, stimulate tourism, and boost regional competitiveness through a domestically-rooted airline.
Tigerair Taiwan has officially appointed Huang Shih-hui as the new chairwoman of its board, marking a significant leadership transition at the country’s only low-cost carrier. The appointment signals a commitment to strengthening executive governance and advancing the airline’s strategic goals in the competitive East Asian market.
TAR Aerolineas has officially rebranded to TAR Mexico as part of a strategic initiative to reinforce its identity and footprint in the competitive Mexican regional aviation market. The name change aims to better reflect the carrier’s national presence while aligning with its plans to expand connectivity across underserved domestic routes.
STS Aviation Group (US) has announced two key executive promotions, effective immediately. Ethan Steele has been promoted to Executive Vice President and Head of Commercial, while Shane King has assumed the role of President of STS Aviation Services. These leadership changes reflect the company’s commitment to reinforcing its executive team as it expands its global footprint in MRO and engineering services.
SriLankan Airlines will no longer undergo privatization, according to a decision by the Sri Lankan government to retain national ownership of the carrier. The move reverses earlier intentions to offload the state-run airline and instead pivots toward internal reform through a new management structure designed to drive profitability.
Allegiant Air (US) and Viva (Mexico) have formally submitted a renewed motion to the US Department of Transportation (DOT), requesting an expedited reinstatement of the procedural schedule to review their joint application. The airlines are seeking approval and antitrust immunity for their previously announced alliance agreements covering US-Mexico air services.
Albastar (Spain) is in the final phase of its sale process, having opted to sell 100% of the airline rather than pursue a partial equity partnership. The strategic shift comes after the expression of interest (EOI) stage yielded three concrete offers, each reportedly valuing the carrier at approximately US$55 million.
Air Europa (Spain) is actively exploring the possibility of selling up to 25% of its capital as it seeks to secure a strategic investor to navigate ongoing economic pressures. The airline’s board of directors is expected to convene to review potential investor interest and set a framework for the partial divestment, driven by diminishing travel demandand the economic impact of US-imposed tariffs.
Pratt & Whitney (US) and Delta Air Lines (US) have entered into a long-term agreement to expand the GTF engine overhaul capacity at Delta TechOps’ Atlanta facility. This move reflects growing global demand for GTF maintenance support and aims to transform the facility into one of the largest GTF MRO centers in the world over the next decade.
